Industries · Wholesale & importers

Working capital for wholesalers, distributors and importers

Wholesalers and importers often pay overseas suppliers before goods leave port, while their own customers pay on 30-day or 60-day end-of-month terms. A revolving line of credit funds the stock between those two points and refills as customers pay, so the business can keep reordering without its growth draining the bank account.

At a glanceOn call
Who
Importers, wholesalers, distributors, food and beverage suppliers
Common need
Supplier deposits, freight, duty, import GST, customer terms
Unsecured
Usually trading 6+ months
Property-secured
$20,000 to $1m lump sum
Best structure
Revolving line of credit
Container cranes and cargo ship lit up at dusk at Fremantle port, Western Australia

Why do wholesalers get squeezed from both ends?

A wholesaler sits in the middle of the supply chain, and cash gets pressed from both sides. Overseas manufacturers commonly want a deposit when you place the order and the balance before the goods are released for shipping. Your customers — retailers, trade businesses, cafés and restaurant groups — expect terms, and 30 days end of month is the norm in Australia. Larger buyers often ask for 60 days end of month or longer.

Put those together and you can be out of pocket for three to five months on every shipment.

What does one import cycle look like in cash terms?

Here’s a simplified cycle for a distributor bringing product from Asia through Port Botany, the Port of Melbourne, the Port of Brisbane or Fremantle:

StageRough timingCash
Order placed, deposit paidDay 0Out
Production finished, balance paid before shippingWeeks 4–8Out
Vessel arrives; customs duty where applicable, import GST, freight, port and cartage chargesWeeks 7–12Out
Stock delivered to customers and invoicedWeeks 9–16Invoiced
Customers pay on 30-day EOM termsWeeks 14–22In

Timings vary by product, origin and season — factory shutdowns around Lunar New Year and congestion in the lead-up to Christmas can both stretch the middle of the cycle. Our working capital cycle guide shows how to measure your own in days.

How does import GST affect the gap?

GST on taxable imports is normally paid before the goods are released from the border, weeks or months before you’ve sold them. The ATO’s deferred GST scheme lets eligible importers defer that payment to their monthly BAS instead, which can take a real chunk out of the cash tied up in each container. To use it, you need an ABN, GST registration, and to lodge and pay your BAS monthly and electronically. Our guide to GST timing and cash flow explains how BAS dates interact with your stock cycle.

Why does growth make the squeeze worse?

When a distributor wins a new retail listing or a large hospitality account, sales rise — and so does the cash locked up in the cycle. Twice the orders means twice the deposits, twice the freight and twice the debtors. A profitable business can still find its bank account shrinking as it grows. That’s where a funding facility earns its place.

How does a revolving line of credit fit wholesale?

A revolving line of credit mirrors the wholesale cycle. You draw to pay suppliers, freight and landing costs. As customers pay, you repay, and the limit is ready for the next shipment. These facilities are generally unsecured, for businesses usually trading six months or more, with limits based on turnover and business bank statements. Weaker credit is considered, and decisions are sometimes made the same day.

For larger one-off needs — buying out a competitor’s stock, a warehouse fit-out, or a much larger first order for a new contract — a property-secured loan of $20,000 to $1m can sit alongside the line of credit. It’s a lump sum secured on Australian property you or a supporting party already own, even if there’s an existing mortgage.

How can you shorten the cycle before you fund it?

Funding works best when the cycle it covers is as short as practical:

  • Negotiate supplier terms. Moving from payment-before-shipping to payment 30 days after arrival can cut weeks from the gap. See negotiating supplier terms.
  • Tighten customer terms where you can. Invoice on dispatch, not at month-end, and follow up the day an invoice falls overdue.
  • Know who has to report. Large businesses with $100 million or more in revenue report their payment times to small suppliers under the Payment Times Reporting Scheme. Checking a big customer’s record before agreeing terms is worth the five minutes.
  • Review slow lines every quarter. Stock that doesn’t move ties up cash that could fund stock that does.
  • Watch concentration. If one customer is a large share of sales, their payment habits set your cash flow.

Example scenario

Example scenario — illustrative only. A food-service distributor in Adelaide wins a contract to supply a chain of cafés. The first order needs an extra container of product, paid for before the chain’s first payment on 30-day end-of-month terms. The owner draws on a line of credit to fund the supplier balance, freight and landing costs, then repays as the chain pays. The limit is ready again for the next container.

Why does a facility matter for opportunities?

Wholesalers see more bargains than most businesses: end-of-line stock, discounts for full containers, a competitor clearing its warehouse. Having a facility already in place means you can act while the deal is still there. Read more about opportunity funding.

How is pricing worked out?

Every loan is priced on your individual circumstances. We don’t publish rates, and we look for the sharpest option available for your business.

Keep stock moving

Start the 60-second enquiry. It’s free, it doesn’t affect your credit score, and a lending specialist will contact you to talk through your cycle.

FAQ

Wholesale & distribution: common questions

Can a line of credit fund deposits to overseas suppliers?

Yes. Paying deposits and balances before goods arrive is one of the most common uses. Draw when you pay the supplier, then repay as the stock sells and your customers pay.

Our biggest customer pays 60 days end of month. Can funding help?

Yes. Long customer terms are a classic working capital gap. A revolving facility carries it, and the limit becomes available again each time the customer pays.

Do I have to pay GST when my container lands?

Generally yes, GST on taxable imports is paid before the goods are released, unless you're in the ATO's deferred GST scheme. That scheme lets eligible importers who lodge BAS monthly report and pay import GST on their BAS instead.

Does my business need to be growing to qualify?

No. Lenders look at turnover, how the business bank account is run and time trading, usually six months or more. Growth simply tends to increase how much funding the cycle needs.

Can funding help me buy a full container at a better price?

Yes. Buying in larger volumes or taking an early-payment discount is a common reason to draw on a facility, provided the extra stock will sell within a sensible time.

Put some capital on call

Tell us how cash moves through your business. The enquiry takes about 60 seconds, leaves your credit score alone, and a lending specialist gets back to you to talk through the options.